Media releases

Port of Melbourne Lease

Lease proceeds will allow the Victorian Government to get on with removing 50 of our worst level crossings, creating thousands of jobs, and building key infrastructure initiatives in our cities and regions.

A new $200 million Agriculture Infrastructure and Jobs Fund will also be established, as part of the Victorian Government's significant focus on rural and regional Victoria.

This will drive economic growth in our regions, boosting exports and supporting Victorian farmers from paddock to port.

Expressions of Interest for the 50-year lease is the first step in shortlisting qualified parties, who will be invited to submit final proposals for the Port.

The Government expects to announce a preferred leaseholder before the end of 2016.